These U.S. Banks Are Financing Climate Chaos through Fossil Fuel Expansion
We’ve heard lofty net zero promises over the last year from the top U.S. banks – Bank of America, JPMorgan Chase, Citi, Wells Fargo, Morgan Stanley, and Goldman Sachs. But…
Rio Grande Valley: At Risk from From Fracked Gas Terminals
Years of sustained local community resistance and international support has kept three liquefied natural gas projects (aka LNG or fracked gas) at bay in the southern Texas border town of…
Indigenous Australians to Investors: Dump Adani Group
55 banks dropped direct financing of the Carmichael Adani Coal Mine – yet indirect investment keeps it afloat (Queensland) The Wangan and Jagalingou Cultural Custodians of Queensland, Australia, are calling…
Looking Ahead: Eight Priorities to guide us in 2022
We’ve just started the new year, but already the clock is ticking… LOUDLY. That’s because according to the International Panel on Climate Change (IPCC), we only have until 2030 to…
Why are banks and investors still funding Indofood?
This month, 10 banks committed another $2.1 billion in loans to Indonesian noodle giant, Indofood CBP Sukses Makmur – whose instant noodles rely on Conflict Palm Oil produced by its…
Fire Season: An Annual Emergency
Fire season grows longer and deadlier every year, and it’s proving to be an annual emergency. The climate crisis is here. So why are corporations intentionally burning tropical rainforests? We’re calling out the banks, brands and businesses driving this destruction.
The Money Behind the Big Business of Burning
Tropical forests do not burn by themselves — Big Agribusiness is setting the fires intentionally, as it’s the cheapest way to clear new land for palm oil, pulp and paper, soy, and beef. But they need the cash from the world’s mega banks and investors like fire needs oxygen — to defend our forests we need to defund the fires.
Activists Organize to End Big Business of Burning as Arson in Brazil and Indonesia Destroy Rainforests
Environmental NGOs and climate activists host Fires Week of Action targeting major brands and financiers as the world’s most vital rainforests are intentionally burned for profit What: Week of direct…
Banks Funnelled Over USD 150 Billion Into Companies Driving Deforestation Since Paris Agreement, New Data Analyses Shows
First-ever database reveals true scope of financing of forest-risk commodity companies, amidst global rainforest fires Explore the full Briefer here. San Francisco — Amid a tropical forest fire season that is…
Who’s Funding Forest Destruction?
Half the people in the world have bank accounts — but what are the banks doing with all that cash? Banks have been financing fossil fuels for decades, but most people don’t realize that they’re also bankrolling forest destruction. Their dollars are literally fueling the clear cutting of the world’s rainforests for palm oil, pulp and paper, soy and beef. That’s why we must stop the funding of forest destruction.
